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Nov 24, 2012
11/12
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obama's plan to keep the taxes low bush tax cuts and obama tax cuts. to keep it low. i think it should be agreed to right along the wape discuss whether or not the millionaires should pay the clin ribiton tax rates. millionaires themselves n and polls show they need to pay more taxes and percent of the americans believe they need more taxes and lowest tax necessary 80 years and we have a high deficit. they can afford to pay more. >> the fact is, many republicans are saying okay. we want to talk about taxes. let's also take a look at entitlements and speppeding cuts and so far, the white house hasn't put forward anything on paper that they are willing to discuss. >> that is one of the hardcore issues here. there is an idea coming from the democrats we are going to raise taxs and off set it by raising taxings. we have a staggering economy and unemployment and we'll hit 50 million americans on food stamps and no end for that number to constantly grow even as unemployment rates went down. we are adding to people on food stamps which doesn't make sense. how do youriform th
obama's plan to keep the taxes low bush tax cuts and obama tax cuts. to keep it low. i think it should be agreed to right along the wape discuss whether or not the millionaires should pay the clin ribiton tax rates. millionaires themselves n and polls show they need to pay more taxes and percent of the americans believe they need more taxes and lowest tax necessary 80 years and we have a high deficit. they can afford to pay more. >> the fact is, many republicans are saying okay. we want...
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Nov 29, 2012
11/12
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tax cuts, and sort of dare the republican party not to vote for, you know, a new round of obama tax cuts. politically the president holds those but it's more important than that. the american people, after looking at options presented to them reclearly with a return of president obama to the white house, or initiating mitt romney presidency, chose a return of president obama to the white house and therefore gave him a very clear mandate to hold the line on the question of entitlements there when it comes to talking about entitlements, or earned benefits as progressives like to refer to it, what is the way that the president and those on the left can look and also appear to the right to be willing to compromise? what can they put on the table, if anything? >> well, i just don't think that any of us think that it is a reasonable idea to over the course of the next week and a half, over the course of the holiday season, for the president and this congress, which is a lame duck congress, to engage in major entitlement reforms of programs that have helped to lift millions of americans ou
tax cuts, and sort of dare the republican party not to vote for, you know, a new round of obama tax cuts. politically the president holds those but it's more important than that. the american people, after looking at options presented to them reclearly with a return of president obama to the white house, or initiating mitt romney presidency, chose a return of president obama to the white house and therefore gave him a very clear mandate to hold the line on the question of entitlements there...
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Nov 22, 2012
11/12
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over the next three years president obama cut the deficit by $200 billion just from last year to this year, so the deficit isn't growing. it is shrinking by a lot. seriously. the folks at investors business daily calculated the deficit is now falling faster than at any time since the end of the second world war and falling so fast is might not be able to fall any faster without sending us back into recession. when president obama started, the deficit equalled 10% of the whole economy and now it equals just 7%. so go ahead, boggle your uncle's mind with this chart. the bars below zero represent years when the deficit grew. these bars above zero represent years when the deficit shrunk. we're here right now in the deficit shrunk portion of the chart. the point of the shrinking on the whole chart back to 1950. when somebody stops inevitably matering about the fiscal cliff and the sky rocketing deficit, they don't know what they're talking about and they probably don't know it is wrong but you can help with visual aids. we have posted both of those charts we just showed you on our blog and
over the next three years president obama cut the deficit by $200 billion just from last year to this year, so the deficit isn't growing. it is shrinking by a lot. seriously. the folks at investors business daily calculated the deficit is now falling faster than at any time since the end of the second world war and falling so fast is might not be able to fall any faster without sending us back into recession. when president obama started, the deficit equalled 10% of the whole economy and now it...
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Nov 27, 2012
11/12
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they don't vote and this becomes the obama tax hike, the obama spending cut. on him. let him own it. they voted for him. let them own it. >> brian: house democrats going along with maybe john boehner caucus to pass it. that is how divided it could be. it could cost them the house. when it's said and done and we're sitting here on december 31, emergency session of five five -- i'll be here in case of injury -- there will be sitting there saying this is deal we got to cut. we got to get the democrats to come along with republicans. >> dana: aside from politics i don't think enough people are talking about what is the right policy and the right answer and solution to get the economy going again? see that social security and medicare is saved for the next generation. >> eric: one quick point, can we as five or the con seventives, bob you should be interested in this, too. forget social security. we pay to the social security system. it's self-fulfilling. >> bob: they pay in medicare, too. >> eric: but we way with payroll and fica to social security. government raids socia
they don't vote and this becomes the obama tax hike, the obama spending cut. on him. let him own it. they voted for him. let them own it. >> brian: house democrats going along with maybe john boehner caucus to pass it. that is how divided it could be. it could cost them the house. when it's said and done and we're sitting here on december 31, emergency session of five five -- i'll be here in case of injury -- there will be sitting there saying this is deal we got to cut. we got to get the...
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Nov 22, 2012
11/12
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over the next three years president obama cut the deficit by $200 billion just from last year to this year, so the deficit isn't growing. it is shrinking by a lot. seriously. the folks at investors business daily calculated the deficit is now falling faster than at any time since the end of the second world war and falling so fast is might not be able to fall any faster without sending us back into recession. when president obama started, the deficit equalled 10% of the whole economy and now it equals just 7%. so go ahead, boggle your uncle's mind with this
over the next three years president obama cut the deficit by $200 billion just from last year to this year, so the deficit isn't growing. it is shrinking by a lot. seriously. the folks at investors business daily calculated the deficit is now falling faster than at any time since the end of the second world war and falling so fast is might not be able to fall any faster without sending us back into recession. when president obama started, the deficit equalled 10% of the whole economy and now it...
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Nov 28, 2012
11/12
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tonight's question, will republicans say no to tax cuts just to spite president obama? text a for yes, b for no to 622639. we'll bring you the results later on in the show. joining me tonight is chris van hollen of maryland who sits on that budget committee. good to have you with us. >> always good to be with you. >> the interpretation here with all of the news packaging put together is the democrats want a tax deal now and you'd be happy with that. do the other stuff later. where are we? >> that's right. the president was chrrystal cle in this campaign. and he said to the republicans in congress, look, pass the middle class tax cuts right now. don't hold the middle class hostage to try to get another round of extra tax breaks for higher-income individuals. everyone needs to recognize that the president has proposed that everybody in the country gets continued tax relief on the first $250,000 of income they earn. what the president has said is let's do that right now. what republicans are saying is uh-uh. nobody gets tax relief on the first $250,000 until folks with inc
tonight's question, will republicans say no to tax cuts just to spite president obama? text a for yes, b for no to 622639. we'll bring you the results later on in the show. joining me tonight is chris van hollen of maryland who sits on that budget committee. good to have you with us. >> always good to be with you. >> the interpretation here with all of the news packaging put together is the democrats want a tax deal now and you'd be happy with that. do the other stuff later. where...
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Nov 28, 2012
11/12
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president obama becomes defender of the bush tax cuts for 98% of the people. he is no such thing. >> the president is seething on the comments to say -- seizing on the comments to say he is optimistic about a deal. >> we could get it done tomorrow. >> budget expert erskine bowles said the opposite. >> i'm worried we have a possibility we could go off the cliff. that would be catastrophic. >> bowles said there is a two-third chance of us going over the cliff. though he said he still hopeful we can have both tax hikes and spending cuts to avoid that. the president said he is willing to have a framework for spending cuts. republicans think the word "framework" is squishy. >> bret: ed henry on the north lawn wearing the team uniform. thank you. republicans so far are sticking to the guns on the tax revenue increases and the spending cuts together. chief congressional correspondent mike emanuel is following that story. >> speaker john boehner a central figure in cutting a deal says republicans offered a plan to avoid the fiscal cliff through the significant spendin
president obama becomes defender of the bush tax cuts for 98% of the people. he is no such thing. >> the president is seething on the comments to say -- seizing on the comments to say he is optimistic about a deal. >> we could get it done tomorrow. >> budget expert erskine bowles said the opposite. >> i'm worried we have a possibility we could go off the cliff. that would be catastrophic. >> bowles said there is a two-third chance of us going over the cliff. though...
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Nov 25, 2012
11/12
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CNNW
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the deadline for the expiration of the bush i've era tax cuts, the obama tax cuts that help the economy, and the deficit. raising the ceiling on the debt. my feeing is they probably can go past january 1 but not far past it. and still not fall off the cliff. around january 15th. >> so now if there are to be some real groundwork laid by congress as they return after the holiday weekend, what really needs to get done, if we look at over the next six weeks, even though you say we've got past january 1, what should they try to accomplish this week? >> well, i think they need to start to spell out spending cuts. i mean, the president has made clear what he wanted in the way of additional revenue and there are a couple of different ways of getting there. now the president has to talk about the spending cuts that he is willing to accept. he needs to give republicans cover to come on board. right now, the list of republicans that are willing to come on board is very short. and he's just not going to get there with that list. he needs to talk specifically about how he's going to deal with entitl
the deadline for the expiration of the bush i've era tax cuts, the obama tax cuts that help the economy, and the deficit. raising the ceiling on the debt. my feeing is they probably can go past january 1 but not far past it. and still not fall off the cliff. around january 15th. >> so now if there are to be some real groundwork laid by congress as they return after the holiday weekend, what really needs to get done, if we look at over the next six weeks, even though you say we've got past...
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Nov 25, 2012
11/12
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if congress and president obama fail to reach an agreement massive tax cuts and spending cuts automatically kick in january 1. anti-tax crusader slamming chambliss. he broke with norquist no tax break pledge. he cares more about his country than the pledge. >>> there were signs truce between israel and hamas is taking hold this weekend. palestinian sources say israel has eased restriction on gaza fishermen allowing them to go up to six miles from shore. the fishermen were restricted to three miles into the mediterranean. palestinian farmers resumed tending land. hamas official say egyptian and israeli officials are expected to meet monday to discuss details of that cease-fire. >>> to egypt now where what's happening makes well, the arab spring look like it never ended. we remember the crowds of demonstrators, protesters, a regime bent on consolidating and preserving its power. that was then. this is the scene right now. demonstrators are back spending the night in tahrir square. president mohamed morsi announced sweeping new powers for himself. ordering egyptian court not to overturn any de
if congress and president obama fail to reach an agreement massive tax cuts and spending cuts automatically kick in january 1. anti-tax crusader slamming chambliss. he broke with norquist no tax break pledge. he cares more about his country than the pledge. >>> there were signs truce between israel and hamas is taking hold this weekend. palestinian sources say israel has eased restriction on gaza fishermen allowing them to go up to six miles from shore. the fishermen were restricted to...
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Nov 28, 2012
11/12
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>>guest: demand spending cuts. obama is at the disadvantage. and he can fought achieve what he hopes to. >>neil: you don't think it will be pinned on republicans. >>guest: it doesn't matter. members of congress, their approval rating cannot get worse. >>neil: that is a very good point. so you think he should go ahead and play with fire and risk that? >>guest: of course. they should demand spending cuts they have the average, not obama and not the democrats. republicans are at the advantage. >>neil: what do you think of the fact they are not acting that way? >>guest: a lot people out there, including grover nor quit, you cannot go back on the oath you took, the taxpayer protection pledge you promised your constituents without not raise taxes and they should uphold what they promised the taxpayers. >>neil: get backbone. >>guest: exactly. >>neil: good to see you again. president obama today saying that middle class americans cannot afford a tax hike and now a middle class couple asking the president, why are you pushing a tax hike on us? [ male an
>>guest: demand spending cuts. obama is at the disadvantage. and he can fought achieve what he hopes to. >>neil: you don't think it will be pinned on republicans. >>guest: it doesn't matter. members of congress, their approval rating cannot get worse. >>neil: that is a very good point. so you think he should go ahead and play with fire and risk that? >>guest: of course. they should demand spending cuts they have the average, not obama and not the democrats....
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Nov 25, 2012
11/12
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. >> would you go along with passed medicare cuts of president obama has proposed in past budgets, and seek to cut the rate of growth? >> our current position is that there is no reason to entertain any question like that, because there is no indication that we're going to break on revenue. it is important to maintain and no cuts position to break the no tax conversation, and if we can have a real conversation about revenue, let's figure out how we prioritize getting people back to work and deal with improving medicare and medicaid. >> do you see any signs of that jam on revenue starting to break? >> there were indications from republican leaders, at 6 to 7 republican leaders did not sign the tax pledge to get elected. there were key republicans a sign the pledge that are wondering if they should break. we do not know who they are. the have not surfaced yet. in many parts of the house republican caucus are trying to figure out how to contend with the new reality. we welcome that conversation. i have walked with a nursing home worker. 33 years. she lost 30 pounds of torque knocking for
. >> would you go along with passed medicare cuts of president obama has proposed in past budgets, and seek to cut the rate of growth? >> our current position is that there is no reason to entertain any question like that, because there is no indication that we're going to break on revenue. it is important to maintain and no cuts position to break the no tax conversation, and if we can have a real conversation about revenue, let's figure out how we prioritize getting people back to...
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Nov 29, 2012
11/12
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KPIX
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while president obama wants tax cuts to expire for the most wealthy americans, most americans don't. one told his gop colleagues to sign off on the middle class tax cut extension. the house speaker isn't budging. >> it will hurt small businesses and our economy. it's why it's not the right approach. >> reporter: obama administration officials will look for some middle ground in separate meetings with boehner and other congressional leaders on capitol hill thursday. danielle nottingham, cbs 5, washington. >>> it was too toxic for clothing but not too dangerous for furniture. >> but chemicals in our furniture and our baby products, the epa does not have the authority to regulate them and they end up in our bodies. >> how a california law is contributing to the problem. >>> a 3,000-mile tribute to a life lost much too young. the message friends want people hear as they run coast to coast. ,, now, you're probably sittinn a pound of toxic chemicals.5 consumerwatch reporter julie watts explains one of those >>> if you are sitting on/couch you're probably sitting on a pound of toxic chemica
while president obama wants tax cuts to expire for the most wealthy americans, most americans don't. one told his gop colleagues to sign off on the middle class tax cut extension. the house speaker isn't budging. >> it will hurt small businesses and our economy. it's why it's not the right approach. >> reporter: obama administration officials will look for some middle ground in separate meetings with boehner and other congressional leaders on capitol hill thursday. danielle...
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Nov 27, 2012
11/12
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CURRENT
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president obama made it very clear. on the tax cuts from the bush tax cuts, there's no doubt. he said no way no how. if you want those tax cuts to go away, you think they've been there long enough, you vote for me. if you want them to continue you vote for romney. case closed, right? >> absolutely. >> bill: you think president obama will stick to that? >> i think that republicans are certainly going to test his willingness and how much he can. i think he did win the election and that was a central part of his platform. and that as he said is the bottom line. of course we -- we've seen him say before it was the bottom line and they extended the rates. >> bill: if i was at his news conference just before thanksgiving and that week before thanksgiving and he made it very clear he said again no way. you can count on it. you can count on it. >> he did. >> i will veto anything that does not include getting rid of the bush tax cuts. rebecca kaplan from the "national journal" our guest here. join the conversation. 1-866-55-press. what do you think? rep capes have seen the light do. th
president obama made it very clear. on the tax cuts from the bush tax cuts, there's no doubt. he said no way no how. if you want those tax cuts to go away, you think they've been there long enough, you vote for me. if you want them to continue you vote for romney. case closed, right? >> absolutely. >> bill: you think president obama will stick to that? >> i think that republicans are certainly going to test his willingness and how much he can. i think he did win the election...
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Nov 27, 2012
11/12
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middle class cuts go through, rich people will get the largest cuts, still. >> we saw the obama victory numbers in this election. but i think he's had a bigger victory than what those numbers indicate and that's in this cnn poll that comes up and it shows today how effective the president's leadership has been on this tax issue because the country agrees with him and more people agree with him than voted for him on this particular issue. it's overwhelmingly in favor of the president's position on this and the republicans are reading that poll and their future is in that poll. >> and the republican party for too long has been driven by their primary electorate. they've been afraid of grover norquist and the tea party coming after them in primaries, but the more we see republicans coming out, reaching across the aisle, there are safety in numbers. so, it looks like there is going to be a genuine move to the center. >> here's what glover is hoping for, that we go off the cliff. then you go off without violating grover's quest. what he needs is the claim his pledge still exists. >> these pe
middle class cuts go through, rich people will get the largest cuts, still. >> we saw the obama victory numbers in this election. but i think he's had a bigger victory than what those numbers indicate and that's in this cnn poll that comes up and it shows today how effective the president's leadership has been on this tax issue because the country agrees with him and more people agree with him than voted for him on this particular issue. it's overwhelmingly in favor of the president's...
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Nov 25, 2012
11/12
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FOXNEWSW
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president obama in the third debate with mitt romney promising to sequester those across the board cuts to spending to kick in january 1st will not happen. and to avoid the fiscal cliff, sequestration is on the table, and some think-- and okay, james, so, 500 billion dollars in defense already built in to cut. then sequester would cut another 500 billion over ten years, and why should republicans go along with that? >> because, this is really their only leverage on president obama, and i think that as congressman jordan has said, the only thing worse than a defense cut is no cut at all. what you get with the sequester is defense, but also cuts in the social-- >> another 500 billion dollars in domestic discretionary, too. >> right, and it adds up to about 100 billion in 2013. i think you will find that president obama will go a long way to avoid those roughly 44 billion in cuts this year, to social programs and i think if you want to get a deal out of him with meaningful reform on spending or tacks, this is, this is the key leverage point and if it happens, it happens. >> and you get som
president obama in the third debate with mitt romney promising to sequester those across the board cuts to spending to kick in january 1st will not happen. and to avoid the fiscal cliff, sequestration is on the table, and some think-- and okay, james, so, 500 billion dollars in defense already built in to cut. then sequester would cut another 500 billion over ten years, and why should republicans go along with that? >> because, this is really their only leverage on president obama, and i...
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Nov 21, 2012
11/12
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president bush sent taxpayers a refund check while obama has cut payroll taxes. p falling off the cliff is a reversal of that approach. that's why the cbo estimates economic growth would drop under 1% to just .5%. and unemployment could jump over a point to 9.1%. heather, we know the costs, we understand this game because the republicans have been playing it for a while. do you think anything has shifted post-election in way that will actually get a deal done? >> i think what's really come to roost for conservatives has been the fact they were pushing a vision for our economy that included basically just this, except for the tax increases, right. they said starting in 2010, the deficit is the most important thing, it's the most important thing, and now, they're basically faced with immediate deficit reduction and realize, oh, this is actually going to cost jobs in the near term. the majority of the american people want deficits and jobs are going head to head which they are, if you're cutting spending an raising taxes particularly on the people who spend their mo
president bush sent taxpayers a refund check while obama has cut payroll taxes. p falling off the cliff is a reversal of that approach. that's why the cbo estimates economic growth would drop under 1% to just .5%. and unemployment could jump over a point to 9.1%. heather, we know the costs, we understand this game because the republicans have been playing it for a while. do you think anything has shifted post-election in way that will actually get a deal done? >> i think what's really...
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Nov 28, 2012
11/12
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COM
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and obama wanted to raise taxes. which led to a budget crisis that congress solved by not solving it. (laughter) instead, they handed it over to something called "the supercongress" which couldn't fail because it was super. (laughter) unfortunately it was also congress so it failed. (laughter) and as a result -- (applause) as a result -- (applause) as a result, folks, we are facing another thing called sequestration which at first sounds like rationing the amount you can watch "sea quest." (laughter) but it's even worse than that. (laughter) sequestration is automatic spending cuts that both sides agree would trigger a new recession. it's like congress put a gun to the economy's head and swore it will pull the triger if congress doesn't put its own gun down. (laughter) it's kind of like a mexican standoff without any mexicans. (laughter) of course, obama's answer to this budget crisis is to raise taxes on the wealthy just because he ran on that promise. and won the election. (laughter) it's like he's totally disregar
and obama wanted to raise taxes. which led to a budget crisis that congress solved by not solving it. (laughter) instead, they handed it over to something called "the supercongress" which couldn't fail because it was super. (laughter) unfortunately it was also congress so it failed. (laughter) and as a result -- (applause) as a result -- (applause) as a result, folks, we are facing another thing called sequestration which at first sounds like rationing the amount you can watch...
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Nov 28, 2012
11/12
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CSPAN2
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thanks to president obama, the defense budget cuts of d.o.d. can't afford to do business as usual, yet they are being coerced to spend $27 a gallon. secretary panetta has warned repeatedly president obama's deep cuts will have a deep effect to our economy. he used the word dwast stating. snowing this how could anyone support depleting another $1.8 billion from an already stretched budget? president obama's climate chief defended the green fleet by arguing even a dollar rise in gasoline prices would cost d.o.d. $30 billion. believe my good friend, the senator from colorado said essentially the same thing. i agree with that. if every $1 rise in gas prices cost $30 million, a $27 increase would add up to about $660 million so that argument falls completely flat in realizing the economic angle is a political hoozer the obama administration has tried to say it's about national security in getting off of foreign oil. that's where i want to get. i spent several years as chairman of the environment and public works committee and several years as the ra
thanks to president obama, the defense budget cuts of d.o.d. can't afford to do business as usual, yet they are being coerced to spend $27 a gallon. secretary panetta has warned repeatedly president obama's deep cuts will have a deep effect to our economy. he used the word dwast stating. snowing this how could anyone support depleting another $1.8 billion from an already stretched budget? president obama's climate chief defended the green fleet by arguing even a dollar rise in gasoline prices...
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Nov 27, 2012
11/12
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KGO
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some republican lawmakers are signaling a willingness to cut a deal with president obama. but doing so, it would require republicans to break a long-standing gop pledge. some republican lawmakers say they're now willing to defy party politics and cut a deal on taxes. if congress doesn't act, $650 million of spending and tax increases will take place on january 1st. but there's fresh hope in washington that republicans and democrats can strike a deal. >> the world has changed. >> reporter: the biggest obstacle is a pledge of no tax increases of virtually any kind that every republican has signed. but with fiscal calamity on the horizon, some gop lawmakers have changed their tune. >> i will violate the pledge, long story short, for the good of the country. >> reporter: defying the pledge would buck 20 years of republican orthodoxy. this is the man behind the pledge. he's gotten thousands of republicans to sign the pledge, in exchange for help getting elected. the lawmakers open to breaking the pledge say they will do so by closing loophole, not raising taxes, putting them at
some republican lawmakers are signaling a willingness to cut a deal with president obama. but doing so, it would require republicans to break a long-standing gop pledge. some republican lawmakers say they're now willing to defy party politics and cut a deal on taxes. if congress doesn't act, $650 million of spending and tax increases will take place on january 1st. but there's fresh hope in washington that republicans and democrats can strike a deal. >> the world has changed. >>...
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Nov 27, 2012
11/12
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CURRENT
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obama had won 238 of stimulus for yielding on 114 billion in high income tax cuts. he says clearly obama had gotten the better deal. the public had been seen this over tax cuts answered over that obama had not gotten what he wanted. axelrod and other aids were not allowed to admit in public that the president had achieved a second stimulus. that's part of why the economy has gotten better and better and we've had all these months of job growth. corn finishes by saying what happened is not an indication that obama is likely to yield in a new faceoff but he will be assessing the dynamics in a new grid lock. that's not caving in, that's governing. much more as we continue on the "stephanie miller show." >> putting people out of work. >> stephanie: we need to get rid of all of them. there will be lungs on every governor tomorrow night. she is awesome. we'll be right back on the "stephanie miller show." [ ♪ theme music ♪ ] >> stephanie: okay, here we go. we rehearsed this time. [ ♪ music ♪ ] ♪ today is your birthday ♪ jacki schechner's mom ♪ day ♪ e. yeah
obama had won 238 of stimulus for yielding on 114 billion in high income tax cuts. he says clearly obama had gotten the better deal. the public had been seen this over tax cuts answered over that obama had not gotten what he wanted. axelrod and other aids were not allowed to admit in public that the president had achieved a second stimulus. that's part of why the economy has gotten better and better and we've had all these months of job growth. corn finishes by saying what happened is not an...
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Nov 29, 2012
11/12
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FBC
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president obama is proposing cutting another $3 trillion in spending. we have not been able to agree on one dollar of revenue increases. that's the problem. and this rule is looking at what should be low-hanging fruit, an easy call and yet it is becoming a contentious issue. liz: only because it has become a contentious issue because democrats keep putting it out there to distract how big the gap really is and what it will take to really get there. christian, thanks so much for coming on. i always appreciate it. you make great points i really appreciate your time. >> thank you, melissa. liz: next on "money", two things you never thought you would hear together, exxonmobil and oil drought? why the company is coming up dry. >>> how congress made fiscal cliff talks even more aggravating to you watch today. i didn't know how that was possible but they did it. one house leader has inside track you haven't heard though. we have new information. more "money" coming up. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. a
president obama is proposing cutting another $3 trillion in spending. we have not been able to agree on one dollar of revenue increases. that's the problem. and this rule is looking at what should be low-hanging fruit, an easy call and yet it is becoming a contentious issue. liz: only because it has become a contentious issue because democrats keep putting it out there to distract how big the gap really is and what it will take to really get there. christian, thanks so much for coming on. i...
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Nov 29, 2012
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framework for a debt-cutting deal can be reached in the coming weeks. good evening, i'm jeffrey brown. >> warner: and i'm margaret warner. on the "newshour" tonight, we get the latest on the efforts to resolve the impasse over tax hikes and spending cuts. >> brown: then, we get two views of a palestinian bid for limited statehood, ahead of a key vote tomorrow at the united nations. >> warner: wonder why your bills are going up? paul solman examines "the fine print" with author and journalist david cay johnston. >> i'm not against corporations. i am in favor of rules that make you earn your profits in the competitive market. you don't get them through a government rule that lets the company reach in your wallet and take money. the kinds of profits that we're >> brown: after the election, what's next for immigration reform? ray suarez asks texas senator kay bailey hutchison and illinois representative luis gutierrez. >> warner: and on the "daily download," we look at how the obama administration is re-using digital information gathered for the campaign to
framework for a debt-cutting deal can be reached in the coming weeks. good evening, i'm jeffrey brown. >> warner: and i'm margaret warner. on the "newshour" tonight, we get the latest on the efforts to resolve the impasse over tax hikes and spending cuts. >> brown: then, we get two views of a palestinian bid for limited statehood, ahead of a key vote tomorrow at the united nations. >> warner: wonder why your bills are going up? paul solman examines "the fine...
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Nov 28, 2012
11/12
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CURRENT
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if president obama wins, they will sign a grand bargain where they will cut social security, medicare, cult programs for the poor cut programs for the middle class and yes, they will give some tax cuts definitely to corporations, and perhaps even to the rich. >> perhaps even to the rich. it looks like we're headed towards that almost worst case scenario. let me set it up for you. let me go to the penalty's own words on this. he said just a couple of months ago: >> that's a conservative democratic. how many times does he have to tell you he's a conservative. he said: >> meaning, i will cut medicare and medicaid. how clearly do i have to say it? ok, all right fine. how about during actual negotiation that they had back in 2011. >> according to people with knowledge of the proposal. i have good news on social security in a second. he's already proposed all that. he's already said i'll give you medicare and medicaid and offered up social security. on that, good news in a second. how about taxes? when i tell people that obama wants to lower corporate taxes they don't believe me. listen to
if president obama wins, they will sign a grand bargain where they will cut social security, medicare, cult programs for the poor cut programs for the middle class and yes, they will give some tax cuts definitely to corporations, and perhaps even to the rich. >> perhaps even to the rich. it looks like we're headed towards that almost worst case scenario. let me set it up for you. let me go to the penalty's own words on this. he said just a couple of months ago: >> that's a...
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Nov 29, 2012
11/12
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FOXNEWSW
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with real cuts. obama was supposed to gave speech where he would respond with a counter offer. what did he do? he gave a speech with ryan on the front row. he called the ryan proposal un-american, insulted him. offered nothing and ran on mediscare in the next 18 mont months. they expect the republicans will do this again? republicans will walk on this. i think they have leverage. yes, for congressional democrats it will help them in the future if the republicans absorb the blame because we will have a recession. obama is not running again unlike the congressional democrats. he is going to have a recession. 90% unemployment, 2 million more unemployed. second term that will be a ruin. that is not a good proposition if you are barack obama. >> bret: before you respond to that, a.b., there is one thing that speaker boehner talked about today, leverage wise. that is tying the debt ceiling limit to this entire deal. and the white house reacting. >> there is a lot of things i wanted in my life, but almost all of them had a price tag attached to them. if we talk about the debt limit, t
with real cuts. obama was supposed to gave speech where he would respond with a counter offer. what did he do? he gave a speech with ryan on the front row. he called the ryan proposal un-american, insulted him. offered nothing and ran on mediscare in the next 18 mont months. they expect the republicans will do this again? republicans will walk on this. i think they have leverage. yes, for congressional democrats it will help them in the future if the republicans absorb the blame because we will...
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Nov 29, 2012
11/12
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KPIX
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while president obama wants tax cuts to expire for the wealthiest americans, most republicans don't. behind closed doors wednesday, oklahoma's tom cole told his gop colleagues they should sign off on the middle class cut extensions. the house speaker isn't budging. >> it will hurt small businesses and our economy. it's why it's not the right approach. >> reporter: obama administration officials will look for some middle ground in separate meetings with boehner and other congressional leaders on capitol hill thursday. danielle nottingham, cbs news, washington. >>> even though it's too late to cash in on tonight's powerball jackpot, when california might get into the game. >> the fallout at apple from the misfire on maps. ,, ,,,,,,,,,,,,,, tonight, after making her 1- million dollars richer! ye] nguyen claimed h >>> a milpitas woman is thanking her brother tonight after making her $14 million richer. she claimed her super lotto jackpot prize today but it was her brother who bought the winning ticket in september when she couldn't get to the store. so now she is planning to share her wi
while president obama wants tax cuts to expire for the wealthiest americans, most republicans don't. behind closed doors wednesday, oklahoma's tom cole told his gop colleagues they should sign off on the middle class cut extensions. the house speaker isn't budging. >> it will hurt small businesses and our economy. it's why it's not the right approach. >> reporter: obama administration officials will look for some middle ground in separate meetings with boehner and other...
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Nov 29, 2012
11/12
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KPIX
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do that now, president obama said, and he and congress can work out the details of spending cuts later. ( applause ) before a crowd of supporters, the white house invited from the mid-atlantic region, president obama put congressional republicans on notice. >> it's too important for washington to screw this up. now is the time for us to work on what we all agreed to, which is lets keep middle class taxes low. that's what our economy needs. that's what the american people deserve. gd if we get this part of it right, then a lot of the other issues surrounding deficit reduction in a fair and balanced, responsible way are going to be a whole lot easier. >> reporter: white house officials say mr. obama is not interested in personally meeting with congressional republicans because those meetings did little to resolve the 2010 debt ceiling crisis. but when mr. obama later skipped congressional meetings and campaigned to extend the 2% payroll tax cut and maintain lower student loan interest rates, he won. the president is primarily focused on step one of this process-- winning the middle class
do that now, president obama said, and he and congress can work out the details of spending cuts later. ( applause ) before a crowd of supporters, the white house invited from the mid-atlantic region, president obama put congressional republicans on notice. >> it's too important for washington to screw this up. now is the time for us to work on what we all agreed to, which is lets keep middle class taxes low. that's what our economy needs. that's what the american people deserve. gd if we...
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Nov 28, 2012
11/12
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CURRENT
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i think that, in fact, president obama himself two years ago extending the tax cuts said the very same thing. they've didn't want to raise taxes when the economy was -- and not doing it would enable stronger growth. i'm not certain the economy is much better right now. i think from a republican point of view, the way out of the problem is that which has been articulated for years. jack kemp used to say it. growth. that's what i think republicans will focus on. >> eliot: jack, growth is everybody's favorite elixir. it makes life easy. when you have growth rates at 1% to 2% of gdp an ruly and you have fundamentally altered the tax code so you're bringing in only 15% of gdp here is where arithmetic comes into play. it simply doesn't add up. you get a structural deficit approaching a trillion dollars a year which is why i think even john boehner when he sits down, smart guy says i acknowledge we've got to do something on the revenue side. that's where i think grover norquist, not to make him the lightning rod is in a tight bientd because the numbers don't add up. that's where your argue re
i think that, in fact, president obama himself two years ago extending the tax cuts said the very same thing. they've didn't want to raise taxes when the economy was -- and not doing it would enable stronger growth. i'm not certain the economy is much better right now. i think from a republican point of view, the way out of the problem is that which has been articulated for years. jack kemp used to say it. growth. that's what i think republicans will focus on. >> eliot: jack, growth is...
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Nov 29, 2012
11/12
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KQED
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president obama offered his optimism at an event with middle-class americans who'd be hit by any tax increase. >> i'm glad to see-- if you've been reading the papers lately-- - that more and more republicans in congress seem to be agreeing with this idea that we should have a balanced approach. so if both parties agree we should not raise taxes on middle class families, let's begin our work with where we agree. >> brown: one such lawmaker is republican house member tom cole of oklahoma. the journal "politico" reported he's urging colleagues to extend middle class tax cuts but allow tax rates for top earners to rise for now. that's what the president wants, but republican leaders have called for raising revenues by closing loopholes and capping deductions. and this morning, house speaker john boehner said he'd reinforced that position to congressman cole. >> you're not going to grow the economy if you raise tax rates on the top two rates. it'll hurt small businesses, it'll hurt our economy, it's why it's not the right approach. we're willing to put revenue on the table as long as we'r
president obama offered his optimism at an event with middle-class americans who'd be hit by any tax increase. >> i'm glad to see-- if you've been reading the papers lately-- - that more and more republicans in congress seem to be agreeing with this idea that we should have a balanced approach. so if both parties agree we should not raise taxes on middle class families, let's begin our work with where we agree. >> brown: one such lawmaker is republican house member tom cole of...
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Nov 25, 2012
11/12
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, no, they are cutting back because with what they fear from president obama getting his way in terms of higher taxes. in determines of higher dividend taxes and higher taxes on just about every piece of the economy and i tell yo don't believe me, go out there and talk to them. they started cutting back way before this last week. >> i want to take this point. >> and this is the problem, the fiscal cliff is really bad, but the solution offered by president obama of massive taxes is not that good. >> julian, what do you make of that this this is just a pandora's box, and the beginning. the fiscal cliff, could have a short-term impact, but ultimately the trend of higher taxes that charlie's point, is what businesses are really afraid of? >> i totally disagree with that and i think the surveys of businesses have shown that to be wrong and i talked to-- >> whoa, whoa, what survey. >> can i finish the point, charlie. >> you just said survey. >> we'll come back. >> i think that businesses are concerned mostly about whether consumers are going to spend or the not. that's the concern and i thi
, no, they are cutting back because with what they fear from president obama getting his way in terms of higher taxes. in determines of higher dividend taxes and higher taxes on just about every piece of the economy and i tell yo don't believe me, go out there and talk to them. they started cutting back way before this last week. >> i want to take this point. >> and this is the problem, the fiscal cliff is really bad, but the solution offered by president obama of massive taxes is...
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Nov 23, 2012
11/12
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FOXNEWSW
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nice to see you. >> president obama and john boehner dedigging their heels on tax cuts. hear from the top democrat on the house budget committee. one business owner calls it a death sentence to family farms and small businesses. he is talking about the looming rise in the estate tax. will congress step in before the clock runs out. clock runs out. that is coming up. with the spark cash card from capital one, sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purche, everday! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great sinesses deserve great rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? here's your invoice. what's in your wallet? you know it can be hard to lbreathe, and how that feels.e, copd includes chronic bronchitis and emphysema. spiriva helps control my copd s
nice to see you. >> president obama and john boehner dedigging their heels on tax cuts. hear from the top democrat on the house budget committee. one business owner calls it a death sentence to family farms and small businesses. he is talking about the looming rise in the estate tax. will congress step in before the clock runs out. clock runs out. that is coming up. with the spark cash card from capital one, sven gets great rewards for his small business! how does this thing work? oh, i...
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Nov 24, 2012
11/12
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CSPAN2
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initiatives, to cut spending, a lot of them doubt that the debt ceiling should not be increased under any circumstances, and to that degree they feel like that was a failure. but, no, they basically believe that their job is first to obstruct barack obama and then once there is a republican president in place to pass those initiatives that create a better business climate, more and more deregulation, the funding of programs that have never quite been near and dear to them. yes. i think that they do believe. and, of course, after you flash toward a bit, i expect to will talks about the debt ceiling fiasco of 2011, but after that summer when we were taken to the brink of fiscal clef, we are about to see again, the thinking on the part of the house republican leaders was, well, you know, maybe your tea party freshmen will go home, he yelled at by their constituents and realized in the you know, maybe compromise is not such a bad thing. the opposite occurred. they went home and the people who go to their town halls tend to be the activists of their party. most people tend to be tea party.
initiatives, to cut spending, a lot of them doubt that the debt ceiling should not be increased under any circumstances, and to that degree they feel like that was a failure. but, no, they basically believe that their job is first to obstruct barack obama and then once there is a republican president in place to pass those initiatives that create a better business climate, more and more deregulation, the funding of programs that have never quite been near and dear to them. yes. i think that...
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Nov 23, 2012
11/12
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FOXNEWSW
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nice to see you. >> president obama and john boehner dedigging their heels on tax cuts. hear from the top democrat on the house budget committee. one business owner calls it a death sentence to family farms and small businesses. he is talking about the looming rise in the estate tax. will congress step in before the clock runs out. that is coming up. lp you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. sven gets great rewards for his small business! how does this thing work? oh, i
nice to see you. >> president obama and john boehner dedigging their heels on tax cuts. hear from the top democrat on the house budget committee. one business owner calls it a death sentence to family farms and small businesses. he is talking about the looming rise in the estate tax. will congress step in before the clock runs out. that is coming up. lp you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to...
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Nov 26, 2012
11/12
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the senior white house advisor repeated president obama opposition to extend the tax cut and those earning more than 250,000 a year. openness to lower what the wealthy pay. that would produce lower rate for the wealthiest. carefully address the chief driver of the deficit, medicare and medicaid. that is from buzzfeed. >> a less sincere sentence never been uttered. there is a big constituency for raising taxes on the rich. maybe there shouldn't be. there is. there is no con stitch swin to cut medicare. i don't think they have the intention of doing that. ever growing percentage of the population has no sensebe of what the government cost because they don't pay in the system. a benefit of going over -- >> huge discount from what they are getting back. >> the other person takes three times to out of medicaid what he pays in. the other person has no idea the case. pay cash. >> everybody says they want smaller government. but the minute i say to you, tucker, what about the deduction for the charitable giving this time of year? not mine. don't do it to me. >> bret: i mentioned before, mitt romne
the senior white house advisor repeated president obama opposition to extend the tax cut and those earning more than 250,000 a year. openness to lower what the wealthy pay. that would produce lower rate for the wealthiest. carefully address the chief driver of the deficit, medicare and medicaid. that is from buzzfeed. >> a less sincere sentence never been uttered. there is a big constituency for raising taxes on the rich. maybe there shouldn't be. there is. there is no con stitch swin to...
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Nov 28, 2012
11/12
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he'll face questions on whether president obama this is spending cuts should be part of that deal. he has previously said it was on the table. now he is saying this is all about tax hikes on the rich period. w-pd to thwhat happened to the spending cuts? we will have a live update from the white house a little later in the show. we will be monitoring this. another story developing in washington right now in a new round of senate meetings for u.n. susan rice. she is going back after yesterday, it didn't go so well, she is going back. she will answer questions about the white house response to the consulate attack in benge, libya on 9/11 of this year. many political observers think she is trying to win supporters for a possible nomination of secretary of state. she would have to be confirmed in the senate. senator bob corker earlier said miss rice's statements may prove she is too political. the meeting between susan collins, she expressed concerns too. she is not known as a republican fire brand but she expressed concerns. these meetings come a day after three top republicans said th
he'll face questions on whether president obama this is spending cuts should be part of that deal. he has previously said it was on the table. now he is saying this is all about tax hikes on the rich period. w-pd to thwhat happened to the spending cuts? we will have a live update from the white house a little later in the show. we will be monitoring this. another story developing in washington right now in a new round of senate meetings for u.n. susan rice. she is going back after yesterday, it...